Lauren Lyons ColeSkye Gould
It’s the first year that taxpayers will be filing under the massive tax law overhaul pushed through by the Trump administration. And a month-long partial shutdown of the federal government threatens to complicate things further for some. Tax filing officially opens for individuals on Monday, Jan...
On Wednesday, April 26, 2017, the Trump administration revealed an outline of a proposed tax reform package that aims to simplify the tax code, lower the business tax rate, and grow the economy. The outline highlights principles for tax reform that are largely similar to statements candidate Tr...
The conclusion of a criminal case against Alec Baldwin in the fatal shooting of a cinematographer may clear the way for a related civil lawsuit by relatives of the deceased woman and efforts to depose the actor under oath Associated PressDec. 24, 2024 ...
Trump is not due back in court until December, according to NBC News. He wasindictedThursday, and the charges were unsealed during the arraignment Tuesday. The 34 felony counts relate to his alleged role in a scheme that directed hush money payments to two women during the 2016 election. ...
Under the tax plan, parents will be able to use up to $10,000 per year tax-free from 529 college savings accounts for K-12 tuition. According to the laws on the books right now, those funds can only be used for college plans. ...
•Protecting corporate power and the Rich:In a 2018 study, the Tax Policy Center found that under Trump’s 2017 $1.9 trillion tax plan, the average tax cut for the richest 1 percent was $51,000 and the average tax cut for the bottom 80 percent to be about $800. ...
Like other banks, Goldman had to write down billions in assets impacted by the new tax law this quarter, resulting in the quarterly loss. It had $3.32 billion in charges related to foreign earnings now taxable under the law and $1.1 billion in charges for deferred tax assets it ...
peoples and to the world.Beijing has made it clear that it is willing to work with the US under the second Trump administration to stabilize, improve and take China-US relations forward. It is to be hoped that the new US administration will, as Trump said, reciprocate this commitment.
the jury. In pretrial litigation, prosecutors said one way the business-records fraud charges can be elevated from misdemeanors to felonies is through proof that Trump conspired to violate tax law by “grossing up” payments to Michael Cohen to make him appear to have more income than he had...